Back to Solutions

EU Taxonomy
Maritime Alignment

The EU Taxonomy Regulation (2020/852) establishes a classification system for environmentally sustainable economic activities. For maritime companies, taxonomy alignment directly impacts access to green financing, investor confidence, and CSRD reporting requirements. We help shipowners and operators assess their activities against the taxonomy's technical screening criteria, ensuring credible green claims and competitive positioning in sustainable finance markets.

Regulation 2020/852Climate Delegated Act6 Environmental Objectives

What is the EU Taxonomy?

The EU Taxonomy is a science-based classification system that defines criteria for economic activities to be considered environmentally sustainable. It establishes 6 environmental objectives: climate change mitigation, climate change adaptation, sustainable use of water and marine resources, transition to circular economy, pollution prevention and control, and protection of biodiversity and ecosystems.

For an activity to be taxonomy-aligned, it must: (1) substantially contribute to at least one objective, (2) do no significant harm (DNSH) to any other objective, and (3) comply with minimum social safeguards (OECD Guidelines, UN Guiding Principles). Maritime transport is covered under NACE code H50 — Water transport, with specific technical screening criteria for sea and coastal freight and passenger transport.

The Climate Delegated Act sets specific CO2 emission thresholds for vessels: ships must have direct (tailpipe) CO2 emissions per tonne-km 50% lower than the average reference value for heavy duty vehicles (for freight), or demonstrate zero direct emissions. Transitional activity criteria also apply: vessels operating with at least 50% of their energy from zero-emission fuels or plug-in power can qualify.

6 environmental objectives define the taxonomy framework
Maritime covered under NACE H50 with specific vessel emission thresholds
Substantial contribution, DNSH, and minimum safeguards must all be met
Taxonomy-eligible vs taxonomy-aligned distinction is critical for reporting
Financial institutions use taxonomy data for sustainable finance product classification
CSRD requires taxonomy KPI disclosure (turnover, CapEx, OpEx percentages)

Taxonomy Assessment Framework

01
Eligibility Screening
Identify which economic activities fall under taxonomy-covered NACE codes (H50 for maritime transport)
02
Substantial Contribution
Assess whether activities meet technical screening criteria for at least one environmental objective
03
DNSH Assessment
Verify that the activity does no significant harm to the remaining 5 environmental objectives
04
Minimum Safeguards
Confirm compliance with OECD Guidelines for Multinational Enterprises and UN Guiding Principles on Business and Human Rights
05
KPI Disclosure
Calculate and report taxonomy-aligned proportions of turnover, capital expenditure (CapEx), and operational expenditure (OpEx)

Maritime Taxonomy Criteria

The Climate Delegated Act defines specific technical screening criteria for maritime activities under the climate change mitigation objective. Understanding these criteria is essential for assessing taxonomy alignment.

Sea & Coastal Freight Transport (CCM 6.10)

Vessels with direct CO2 emissions per tonne-km 50% below the heavy-duty vehicle reference value, or vessels using 50%+ zero-emission fuels/plug-in power. Zero-emission vessels automatically qualify.

Sea & Coastal Passenger Transport (CCM 6.11)

Similar emission intensity thresholds apply. Hybrid and electric vessels with zero direct emissions in port operations receive favorable treatment. Shore power capability is a DNSH consideration.

Retrofitting of Vessels (CCM 6.12)

Retrofitting activities that reduce fuel consumption or CO2 emissions by at least 10% demonstrated through comparative analysis. Includes engine upgrades, hull modifications, wind-assisted propulsion, and alternative fuel conversions.

Port Infrastructure (CCM 6.16)

Infrastructure dedicated to enabling low-carbon maritime transport, including shore power installations, LNG bunkering facilities, hydrogen/ammonia refueling infrastructure, and electric charging for harbor craft.

Our EU Taxonomy Solutions

We provide end-to-end support for maritime companies navigating the EU Taxonomy, from initial eligibility screening through KPI calculation and green finance advisory.

Taxonomy Eligibility Screening

Systematic review of all maritime activities against taxonomy NACE codes to identify eligible activities and quantify their share of turnover, CapEx, and OpEx.

  • Activity mapping to NACE codes
  • Revenue stream classification
  • CapEx & OpEx allocation
  • Eligibility reporting preparation

Technical Screening Criteria Assessment

Detailed assessment of vessel performance against taxonomy emission thresholds, including CO2 intensity calculations and fuel pathway analysis.

  • Vessel CO2 intensity calculation
  • Emission threshold benchmarking
  • Zero-emission fuel share analysis
  • Technical criteria documentation

DNSH & Minimum Safeguards Review

Comprehensive Do No Significant Harm assessment across all 6 objectives and minimum safeguards verification covering OECD Guidelines and UN Guiding Principles.

  • Climate adaptation risk assessment
  • Water & marine resource impact
  • Pollution prevention verification
  • Human rights due diligence review

Taxonomy KPI Calculation

Accurate calculation of taxonomy-aligned KPIs (turnover, CapEx, OpEx percentages) ready for CSRD sustainability statement inclusion and investor reporting.

  • Turnover allocation methodology
  • CapEx taxonomy alignment
  • OpEx taxonomy alignment
  • KPI reconciliation & verification

Green Finance Advisory

Support for accessing taxonomy-aligned financing instruments including green bonds, sustainability-linked loans, and EU Green Bond Standard compliant issuances.

  • Green bond framework development
  • Sustainability-linked loan structuring
  • Use of proceeds allocation
  • Impact reporting & verification

Fleet Transition Planning

Strategic advisory on transitioning fleet activities toward taxonomy alignment through vessel upgrades, alternative fuel adoption, and newbuild specifications.

  • Fleet taxonomy gap analysis
  • Retrofit ROI assessment
  • Newbuild specification advisory
  • Transition roadmap development
FAQ

Frequently Asked Questions

Common questions about our EU Taxonomy services and compliance requirements.

Yes, maritime shipping is covered under NACE code H50 in the Climate Delegated Act. Ships with zero direct emissions automatically qualify. Transitional activity criteria require vessels to derive 50% or more energy from zero-emission fuels or plug-in power to be taxonomy-aligned.

Assess Your Taxonomy Alignment

With green financing increasingly tied to EU Taxonomy criteria and CSRD mandating taxonomy KPI disclosure, understanding your maritime taxonomy alignment is essential for competitive access to sustainable capital.